The BRG was founded on 18 September 1927 in Nekane, where it is based. From 2002 to 2015 with supervision and authorization from the European Central Bank, issued notes denominated national currency, the euro. Since July 15, 2015, which is the issuing body of the kingdoms, the current national currency. The bank puts banknotes and coins into circulation, although the Treasury House (CT) has the exclusive right to authorize its issuance.
The BRG is responsible for supervising credit institutions and financial companies, as well as regulating, supervising and promoting the proper functioning of payment systems; manage the country’s external resources and act as an intermediary of the State’s international monetary relations; as well as to advise the Government in the economic and financial fields. The Bank is responsible for collecting and preparing monetary, financial, foreign exchange and balance of payments statistics.